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Technology Stocks : S1: Doing Business in a Dot Com Depression, -V1

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To: tuck who wrote (891)10/9/2000 2:28:19 PM
From: Rob C.   of 1013
 
PRESS RELEASE: S1 Corp Unit Unveils E-Commerce Portal 2.5

09 Oct 11:14

Q UP, An S1 Corporation Subsidiary Announces the Release of E-Commerce
Portal 2.5
AUSTIN, Texas, Oct. 9 /PRNewswire/ -- Q UP, a wholly owned subsidiary of S1
Corporation (Nasdaq: SONE), today announced the release of Version 2.5 of the Q
UP E-Commerce Portal Solution. Version 2.5 offers Q UP clients complete site
reporting, enhanced content and improved automation for ad banner selection and
merchant Website hosting.

The E-Commerce Portal 2.5 now provides Q UP Portal clients with full site
reporting to help financial institutions identify and track end-users interests
and needs. In addition, the Q UP Portal offers a tool to measure banner ads
effectiveness in a real-time format. These features allow the institution to
make fact-based decisions and to track and measure the return on their
technology investment
Other enhancements to the Portal deliver greater functionality and content
options to increase stickiness and end-user loyalty. The Portal 2.5 features a
new automated sign-up for free banner ads and merchant hosting. In addition,
the Portal now offers new content choices including expanded sports news,
currency information and a community calendar, which allows end-users to submit
requests to post local events on the financial institution calendar.

Hank Seale, CEO for Q UP, An S1 Company, says, "We remain on an aggressive
track to deliver the most content and feature-rich E-Commerce Portal solution
available. As a result, it is already proving essential to the Internet mix as
attested by the quick adoption by over 120 Q UP financial institutions."
About Q UP, An S1 Company
Q UP, founded in 1995 and headquartered in Austin, TX is a leading provider
of Internet banking and E-Commerce Portal solutions for financial institutions,
primarily community banks of $10 billion and under. Developed by bankers for
bankers, Q UP products offer innovative, easy-to-use solutions that help banks
make money while fully meeting their customers' needs. Q UP was one of the
first companies to provide secure Internet banking, Internet- based cash
management and financial portal solutions, and it continues to be a proven
leader in the industry. As a trusted vendor, Q UP operates on the mission:
"Helping our customers create customers for life." Visit Q UP, An S1 Company,
at www.qup.com, e-mail info@qup.com, or call 512-336-3000.

About S1 Corporation
S1, the pioneer of Internet banking, is one of today's leading providers of
innovative Internet-based financial services solutions worldwide. S1 offers a
broad range of applications that empower financial organizations to increase
revenue, strengthen customer relationships and gain competitive advantage by
meeting the evolving needs of their customers across various lines of business,
market segments and delivery channels. Through its professional services
organization, S1's applications can be implemented in- house or outsourced to
the S1 Data Center. Additional information about S1 is available at
s1.com.

Forward-Looking Statements
The matters set forth in this press release, such as statements relating to
the benefits, advantages or other aspects of any of S1's and Q UP's products
and services are forward-looking and are subject to a number of risks and
uncertainties that could cause actual results to differ materially from
expectations. The statements contained in this release that are forward-
looking are based on current expectations and are subject to risks and
uncertainties that could cause actual results to differ materially from the
results contemplated by the forward-looking statements. These risks and
uncertainties include, but are in no way limited to:
-- the possibility that the anticipated benefits from our recent
acquisition transactions will not be fully realized;
-- the possibility that costs or difficulties related to our integration
of recent acquisitions will be greater than expected;
-- our dependence on the timely development, introduction and customers
acceptance of new Internet services;
-- rapidly changing technology and shifting demand requirements and
Internet usage patterns;
-- other risks and uncertainties, including the impact of competitive
services, products and prices, the unsettled conditions in the
Internet and other high-technology industries and the ability to
attract and retain key personnel; and
-- other risk factors as may be detailed from time to time in our public
announcements and filings with the SEC, including S1's annual report
on Form 10-K for the year ended December 31, 1999.

In addition, nothing in the press release should be viewed as an update or
comment on earlier forward-looking statements provided by Q UP, S1 or any of
its affiliates. As noted above, because actual results, performance or
developments may differ materially from forward-looking statements, neither Q
UP nor S1 will update such statements over the course of future periods, except
in the course of our reports under applicable laws.

For more information (press only):
Leisha Richardson
Q UP, An S1 Company
512-336-3028
lrichardson@qup.com
Marcy Theobald
S1 Corporation
404-812-6254
marcy.theobald@s1.com SOURCE Q UP, An S1 Company
/CONTACT: Leisha Richardson of Q UP, An S1 Company, 512-336-3028, or
lrichardson@qup.com; or investor relations, Marcy Theobald of S1 Corporation,
404-812-6254, or marcy.theobald@s1.com/
/Web site: s1.com
qup.com /
(SONE) CO: Q UP, An S1 Company; S1 Corporation ST: Texas, Georgia IN: CPR
MLM SU: PDT

(END) DOW JONES NEWS 10-09-00
11:14 AM

Copyright 2000 Dow Jones & Company, Inc.
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